Single-Copy Mag Sales Trending Downward
Magazines’ second-half ’08 circulation reports aren’t due out for a few weeks, but the single-copy picture isn’t looking good. At a time when consumers are cutting back on discretionary spending, single-copy magazine sales declined 8 percent to 244 million in the third quarter from 266 million in the year-ago quarter, according to MagNet, which compiles magazine newsstand sales data.
Magazines’ dollar sales of $1.2 billion were down less so (2 percent) from the year-ago period, before several celebrity weeklies raised their cover prices.
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